📊 Key Business Updates
🔹 Tata Steel Nederland rolls out a massive €550 million transformation plan to improve operational efficiency, cut costs by $86 per tonne, and strengthen its EU operations.
🔹 UltraTech Cement steps into green energy with a 26% strategic stake acquisition in AMPIN C&I Power Eight, a solar power firm
🔹 Paytm (One97 Communications) – CMD Vijay Shekhar Sharma has voluntarily given up all 2.1 crore ESOPs.
🔹 Zydus Lifesciences through Zynext Ventures invests in Feldan Therapeutics (Canada) to boost intracellular drug delivery innovation.
🔹 SML Isuzu appoints Yasushi Nishikawa as new MD & CEO, effective April 17, 2025.
🔹 Junya Yamanishi steps down as MD & CEO, effective April 16, 2025.
🔹 Petronet LNG brings on board Saurav Mitra as Director (Finance) & CFO for a term of five years.
🔹 ArcelorMittal Nippon Steel India says tariff regime can be a “strategic opportunity” to help boost India’s manufacturing share in GDP.
🔹 India exploring removal of import duties on US ethane & LPG in ongoing trade talks.
